UK Credit Score Biz ClearScore Raises $200M For Expansion

By Elise Hansen (June 25, 2021, 10:41 PM BST) -- U.K. credit marketplace ClearScore said Friday it has received $200 million in a private investment that will help it expand its product offerings and reach new customers.

London-based ClearScore said the financing from Invus Opportunities gives it a $700 million valuation. ClearScore provides free credit scores and offers a marketplace for financial products, such as a credit-card comparison service.

ClearScore is profitable, according to Friday's announcement, and boasts 14 million customers across three continents. Co-founder and CEO Justin Basini said in a statement that the latest funds will help it grow its international presence.

"As one of the only profitable UK...

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